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Suppose GDP is growing about 3.5%, unemployment is 3.7%, and inflation is 3.5%. Why might this...

Suppose GDP is growing about 3.5%, unemployment is 3.7%, and inflation is 3.5%. Why might this be considered “inflationary” and what policies would a classical, Keynesian, and monetarist economist advise?


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- The interest of the merchandise and enterprises diminishes when there are signiti - Cant level of unemployment. → Even the- Keynesian accept that bij. Siphoning government Cash into an economy, employment increments and the interest on merchandise

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